Member Info for EthioEthio

Design freeze news may be a week or so away but i think we'll get
RNS for Mologic very soon. As we'll be manufacturing for them, our SP should see a 10 - 20% raise me think.

For now, the SP will stay around 65 - 67. Lower than 60 for me is decent entry or top up level. Any lower, i will def add more.

I asked this question a few days ago and peeps destroyed me?
It looks like people knew, placings were coming? HOW???
This is why AIM is risky. Inside dealings clearly apparent. dropped from 214 to 140s and peeps here told me it was nothing.:)
It will be months before you see 2s now i think. IIs will be selling to secure their profits. PIs shafted again. Sad.

BB - i think it will finish around 158 - 160 today. my guess, 158.
we need an update.
its best if they RNS every contract they win
they may be waiting for 2 or more before a massive RNS

PDMSPiper
They've talked about passports for those with antibodies.
It confuses people when Boris , Matt etc come out to say we don't know IF they are going to make you immune and for how long.

dreamachine

PEEL seem to be holding this back, according to those with L2

I'm not seeing big trades released after 5pm like we've had for the last week. I did suspect the would be done by Wed.

A lot of peeps going for big secure companies and money seems to have gone out of the covid stocks.

The media will go on about testing , esp as infection rates increase.

GDR needs to give us an update. We expected contracts etc before the 28th. News overdue imho.
It could and tomorrow or anytime this week. Cheap entry.

Not much will happen here until we get another RNS for the mologic side.
Design freeze news may not been this week imo. It may be end of next week.
We then wait for verification, validation and then ODX will start to manufacture and product in mass, ready end of June.
I may be wrong it may well be before end of June.

Punit - you still playing stupid Lol

So we were right that new features that link test kit to app and update NHS have been added. I said yesterday, addition of new features (to original spec) may be why we have to wait a bit longer. I think that is why they are confident on the product working to expected level and only thing left may be the integration to app and central NHD database. I have no doubt they will get it done. I have no doubt it will be the best in the world. I have no doubt there is a lot to gain here. This is a cheap entry.

The pressure is on but getting it right is what matters.
The T&T system will be the best in the world. Its coming...TT will means 2nd wave will be much better than other countries...load up when you can and wait. GLA

Working product - testing in demand - they must have 1 or 2 contracts - they need to give us an update me think.

Is the seller done? I've been saying they will be done by Wednesday. Volume does not look great.

Marve, BigBench, what do you guys think. seller done?

Gov is waiting to buy millions and millions of this kit. This is the major advantage with ODX. It already has a BIG contract. Marketing will be easy. With the quality they aim to achieve, the world will demand this product and getting numbers will not be a problem, with experts manufacturers around. Until we get design freeze news, i think we will go back to the 65 - 70p days and when news lands, i would be deramping if i said £2. I plan to top up IF it drops. DYOR

Siliv - you've not been here long enough may be. You peeps said an update was not needed. We have an update and i was right so give up.

A few of you said, why should they update a bla bal PI. :)
Once the design freeze is completed, which i think its days away, ODX will kick into production.
The reason for this RNS is because?? you guessed it, a missed deadline and to avoid a sell off. Like i said, miss a deadline and market won't like it. see what happening at AVCT. down from 214 to 140.
Now that we have the update, a lot of us will hold for glor, not far away.

EthioEthio

Posted in: ODX

Posts: 911

Price: 70.50

No Opinion

an update is needed02 Jun 2020 15:29
deadline for me was 1st of Jun.
they've got to provide an update with regards the cause of the delay.

RNS is good - i can wait till end of June if i have to but it won't be

Why do the skynews interview ? You would never go out and promote a product you have not finished. You would never go out and shout about a product that does not work or is miles away. Imo, the product is all done and ODX believe it has met all the requirements.

However, similar to the Mologic kit, it has to be sent to PHE validation. As the government has already made a f up by not testing the Chinese product, they cannot afford to mess up again. I think they're taking longer than expected which may be why the ODX chief went out to talk about his product on skynews. If you test positive, how long are you immune? Can you infect others after testing positive? Gov wants clarity before they send this kit out to the wider public, which in a way makes sense to me. The gov is dictating matters me think.

Bebeto - Unfortunately, it was on the cards and a few of us on this bb expected it given the lack of cash. ESL will go back to former glory days and i hope the SP keeps raising from here.

TF: i took a few at HZM. looks very good and when they sort out financing in Q3, they will be 7 - 10p. I had to pay stamp duty on it. I took 128k at 3.92 and am quite happy with that. I was looking to add more at around 3p. Not one for quick profit but a lot of potential long term. Thanks for the heads up. I could have taken Tri Star at 17p when you first mentioned but didn't. Got IAG at 1.80 , should have loaded on that...kicking myself :) GL

Lol
That told us what we need to know

nice strong finish - just like the old days

Restructuring is on - sadly, peeps will lose their jobs and they can thank AT.
ESL seems to have a plan. securing brand name, reshaping the culture. old and crap contracts being cancelled - progress.
We'll be trading in double figures soon.